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Daily Real Estate Briefing: Cooling Prices, New Supply and Infrastructure Momentum

The domestic real estate market is showing mixed developments. According to the Ministry of Construction, secondary apartment prices in many localities have begun to adjust, while land plot prices fell by about 2-3% from the previous quarter. Foreign direct investment into real estate continues to rise but is becoming increasingly selective, focusing on projects with practical operating efficiency. At the same time, some businesses still have to wait years to complete land price determination despite already having land lease decisions, significantly shortening the actual project exploitation period. For time-limited real estate ownership, the ability to generate cash flow and preserve asset value during the usage period is being considered alongside location, legal status and market demand. Regarding supply and policy, the Quang Ninh Department of Construction approved Vingroup's sale of more than 3,200 low-rise homes at the Ha Long Xanh Complex Urban Area. Ho Chi Minh City gain...

Real Estate News Brief: Land Auctions, Thousands of New Homes and Major Industrial Projects

The real estate market is recording notable developments in land-related procedures, auctions, housing development and investment capital. One major concern is the situation in which businesses have received land lease decisions but still have to wait years to complete land price determination, significantly shortening the actual time available to operate their projects. Meanwhile, from September 1, every land parcel and construction project will receive a unique 12-digit identification code displayed on VNeID under Decree 326. In Ho Chi Minh City, the minimum area for land parcel separation is set at 36 to 100 square meters depending on the area. The city is also preparing to auction 92 hectares of land in Ben Cat, with a provisional starting price of more than VND 2,756 billion. Eight land parcels in the Cau Giay new urban area are also expected to be auctioned, with starting prices ranging from VND 15.3 billion to VND 40.8 billion per lot. In project development, the Quang Ninh De...

Daily Real Estate Brief: Selective Foreign Capital, Major Projects Underway and Rising Mortgage Rates

The real estate market continues to see active investment and capital flows, although investors are becoming increasingly selective. According to the Ministry of Construction, foreign direct investment in real estate is still rising but is increasingly focused on projects capable of generating practical operating efficiency. In the industrial property segment, Tay Ninh approved the Tan Lan 3 Industrial Park, covering approximately 336 hectares with total capital of VND 8.45 trillion, while Da Nang has launched a series of key industrial park projects in the south with combined investment worth trillions of dong. The nearly 200-hectare FPT Digital Technology Park is also expected to put its first component into operation from 2027. Meanwhile, VinSpeed’s 121-kilometre high-speed railway project from Hanoi to Ha Long will require more than 568 hectares of land, half of which is located in Quang Ninh. In Hanoi, the 447-hectare Vinh Hung urban redevelopment project, with total investment ...

Daily real estate briefing: Cau Giay land auction, rising mortgage rates and major urban projects

Vietnam’s real estate market is seeing a range of notable developments involving land auctions, urban development and policy adjustments. In Hanoi, eight land plots in the new Cau Giay urban area are set to be auctioned, with starting prices ranging from VND 15.3 billion to VND 40.8 billion per lot. Also in the southern part of the capital, Vinhomes’ multi-purpose urban area spanning more than 600 hectares is expected to include resettlement housing, social housing and commercial properties, serving more than 105,000 residents. Meanwhile, the 447-hectare Vinh Hung urban redevelopment project, with total investment of nearly VND 186 trillion and Sun Group as the investor, was launched on the afternoon of August 28. In Ho Chi Minh City, the minimum area required for land subdivision ranges from 36 to 100 square meters depending on the location. Several previously applied thresholds remain in effect, while new levels have been added after the merger. Affordable housing remains a major c...

Daily Real Estate Briefing: Infrastructure, Supply and the Affordable Housing Challenge

The real estate market is seeing a series of notable developments in planning, infrastructure and urban development. In Hanoi, the 447-hectare Vinh Hung urban redevelopment project, with total investment of nearly VND 186,000 billion and Sun Group as the investor, was launched on the afternoon of August 28. Meanwhile, VinSpeed’s 121-kilometer high-speed railway from Hanoi to Ha Long is expected to require more than 568 hectares of land, half of which will be in Quang Ninh. FPT’s nearly 200-hectare Digital Technology Park urban area may also put its first component into operation from 2027. In the south, southern Ho Chi Minh City is expected to account for more than half of the city’s new apartment supply toward the end of the year, supported by the simultaneous launches of several projects. Alongside supply, affordability remains a major concern. Promotional home-loan interest rates at several banks have continued to rise, with 12-month fixed rates exceeding 10% per year, considerabl...

Real Estate Briefing: Home Loan Rates Rise as Apartment Supply and Infrastructure Gain Momentum

The real estate market is seeing notable developments in policy, finance and project supply. Preferential home loan rates at several banks have continued to rise, with 12-month fixed rates exceeding 10% per year, significantly higher than in the first half of the year. Meanwhile, experts have proposed expanding on-site resettlement when land is acquired for commercial housing projects. The Vietnam Real Estate Association has also proposed classifying stalled resort real estate projects according to their respective obstacles, with the aim of resolving them within the next 12 months. For commercial and service apartments, investors are advised to carefully consider legal status, capital costs, projected operating efficiency and the developer’s capacity. In terms of supply, southern Ho Chi Minh City is expected to account for more than half of new apartment supply as a series of projects launch simultaneously at the end of the year. Several projects are accelerating construction and be...

Daily Real Estate Briefing: Apartment Supply, Land Auctions and Infrastructure Momentum

The real estate market is seeing notable developments in major urban areas and localities that are expanding their development space. In Ho Chi Minh City, the southern area is expected to account for more than half of the city’s new apartment supply, supported by a series of projects scheduled to open for sale toward the end of the year. The western area is also expected to receive additional supply as infrastructure investment continues and demand for upgraded housing increases. In the southern part of the city, projects such as Vlasta Premier Phu Thuan and Diamond Sky are being positioned to benefit from transportation infrastructure, established urban ecosystems and improving connectivity. However, experts noted that high housing prices, congestion and expensive logistics costs are eroding Ho Chi Minh City’s concentration advantage, creating a need to reduce urban costs and preserve competitiveness. Land auctions and public land management are also taking place in several localiti...

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